Proposal Date: Project: Subject/Approval For: 20 June , 2012 Upcoming Project Serviced Apartments in Sec-67 ( with Operator) Term

m Sheet
th

Below is proposed term sheet for our upcoming project: (Includes details of Rates & Other Charges, Payment Plan, Sizes, Commission slabs & Applicable commission, Specifications)

Term Sheet
Project Name Proposed Specification / Amenities BSP (CLP) Rates: Present Rate - BSP (In Rs per sq ft) Proposed Rate (With Operator): Name of the Operator Construction Started by 13500-500(EBD)-250(TPR@40%BSP) = 12750/- psf Rs 15,000 psf by 15th August, 2012 Worlds best renowned operator to be put in place by 15th August, 2012 Shapoorji Pallonji & Co. Ltd Name to be Declared Fully Furnished with Ultra High end Finishes (Attached as annexure 1)

Other Charges
PLC Car Parking Club Membership EDC/IDC (In Rs per sq ft) IFMS (In Rs per sq ft) Maintenance Charges Operator Charges Average Sizes: (In sq ft) Studio Apartments 1 BHK Average Size (In sq ft) To be declared later Rs.5,00,000/- (One Mandatory) To be declared later To be declared later and As per Actuals To be declared later To be declared later To be declared later Unit size ( As per design) 793 1094 921 % of Units 42 % 58 % No of Units (Assumed) 96 72 168 per Car Park

1|Page

Commission & Special Incentive On receipt of 20% of the payment

On receipt of 30% of the payment

On receipt of 40% of the payment Commission Slabs: Up to 12500 sft 12501-15000 sft 15001-25000 sft 25000 + sft

All Commission & Special Incentive to be released on receipt of 40% payment as defined below: 1/3 of the amount (Within 7 working days 1/3 of commission of the payment cheques being cleared / + 1/3 of Special Bills Submitted Incentive 1/3 of the amount (Within 7 working days 1/3 of commission of the payment cheques being cleared / + 1/3 of Special Bills Submitted Incentive 1/3 of the amount (Within 7 working days 1/3 of commission of the payment cheques being cleared / + 1/3of Special Bills Submitted Incentive Commission Special Incentive 4% N.A. 5% N.A. Special Incentive 5% Applicable Special Incentive 5% Applicable Service Tax to be borne by M3M India Ltd.

Commission payable on BSP + PLC+ Car Park @ applicable rates CLP - Plan: Booking Amount Within 30 days Within 60 days Within 120 days On Start of Foundation Concrete On Casting of 2nd roof slab On Casting of 4th Floor roof slab On Casting of 6th Floor roof slab On Casting of 8th Floor roof slab On Casting of 10th Floor roof slab On Casting of 12th Floor roof slab On Completion of Super structure On Completion of Interior Furnishing work On Notice for possession Rs. 7,50,000/10% of (Sale Consideration + EDC/ IDC) less Booking amount 10% of ( Sale consideration +EDC/ IDC ) 10% of ( Sale consideration +EDC/ IDC ) 10% of ( Sale consideration +EDC/ IDC ) 7.5% of (Sale consideration + EDC/ IDC)+ 50% of PLC 7.5% of (Sale consideration + EDC/ IDC)+ 50% of PLC 7.5% of (Sale consideration + EDC/ IDC) + 50% Car park 7.5% of (Sale consideration + EDC/ IDC) + 50% Car park 7.5% of (Sale consideration + EDC/ IDC) 7.5% of (Sale consideration + EDC/ IDC) 5% of (Sale consideration + EDC/ IDC)+50% Car Park 5% of (Sale consideration + EDC/ IDC) 5% of (Sale consideration + EDC/ IDC) + all Other charges

2|Page

Present Rate: BSP (CLP) - In Rs sq ft Early Bird Discount - In Rs sq ft Timely Payment Discount - In Rs sq ft Net BSP (CLP) - In Rs sq ft Payment Plans to be offered 1

13,500 500 (Only for first 75 bookings on first come first serve basis) Maximum Total On timely Grace Period 250 receipt of 40% allowed of 7 BSP payment days for TPR 12,750 Construction Linked As per CLP Payment Plan mentioned Payment Plan (CLP) in Page no 2 2 Down Payment Plan (DP) To be declared later A Foreign trip for a Couple for all Channel Partners who Log in Sales of more than 20,000 sft within 90 days of Launch. Scheme will be availed after 30% of payment receipt.

Scheme for Channel Partners Approved Project with License.

All cheques to be made in favor of : M3M India Ltd Notes: 1. In case of late payment, an interest @ 18% p.a. will be charged. 2. First transfer for all sold units to be free till 31/12/12.

3|Page